Liberty Silver Corp. reached an agreement with BG apital Group Ltd. to amend the loan agreement between the Company and BGCG effective as of November 14, 2013 and amended and restated effective October 15, 2014 the terms of which were previously disclosed in Company's press release of October 17, 2014. Under the terms of the agreed upon amendments the principal amount of the loan of USD 1,250,000, as it was under the 2014 Loan Agreement, is increased to USD 1,400,000 to include an advance made by BGCG to the company on November 28, 2016. Under the terms of the agreed upon amendments (the "Amendment"), the principal amount of the loan of USD 1,250,000, as it was under the 2014 Loan Agreement, is increased to USD 1,400,000 to include an advance made by BGCG to the Company on November 28, 2016. The New Principal Amount and the accrued interest are convertible into common shares of the Company at BGCG's election.